4053 Market St, Philadelphia, PA 19104

Property Description

UNIVERSITY CITY CMX-4 MIXED-USE OPPORTUNITY | APPROX. 2,200 SF COMMERCIAL + 3 RESIDENTIAL UNITS | VALUE-ADD / REDEVELOPMENT POTENTIAL Rare Market Street mixed-use opportunity offering approximately 2,200 SF of first-floor commercial space plus three residential units on the second floor. Located in the CMX-4 high-density mixed-use zoning district, the property offers substantial value-add, repositioning and potential redevelopment opportunities. The property underwent a substantial interior renovation in 2006, including extensive interior demolition and rebuilding, new interior walls/partitions, new flooring and installation of a sprinkler system. The first floor features an extensive multi-space commercial layout. The second floor contains three residential units. The property provides the next owner with flexibility to renovate, reposition, reconfigure or pursue future redevelopment, subject to applicable zoning, permitting and approvals. Property offered AS-IS. Excellent University City location near SEPTA transportation, University of Pennsylvania, Drexel University, Penn Medicine, CHOP, neighborhood retail and restaurants, and Center City Philadelphia.